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Accesso Technology Executes Share Buyback, Reducing Share Count

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Accesso Technology Executes Share Buyback, Reducing Share Count

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accesso Technology ( (GB:ACSO) ) has provided an update.

Accesso Technology Group PLC has executed a share buyback, purchasing 11,041 of its Ordinary Shares at prices ranging from 444.00 GBp to 448.00 GBp, as part of its ongoing Share Buyback Programme. This transaction reduces the total number of shares in issue to 40,020,044, which may impact shareholder voting rights and interests under regulatory guidelines.

The most recent analyst rating on (GB:ACSO) stock is a Buy with a £8.00 price target. To see the full list of analyst forecasts on accesso Technology stock, see the GB:ACSO Stock Forecast page.

Spark’s Take on GB:ACSO Stock

According to Spark, TipRanks’ AI Analyst, GB:ACSO is a Outperform.

Accesso Technology’s strong financial performance and strategic corporate actions, such as share buybacks and board reinforcement, are significant positives. However, the stock’s current technical indicators suggest bearish momentum, and the valuation is relatively high without a dividend yield. These factors contribute to an overall stock score of 71.

To see Spark’s full report on GB:ACSO stock, click here.

More about accesso Technology

Accesso Technology Group PLC operates in the technology industry, focusing on providing ticketing, point-of-sale, and virtual queuing solutions primarily for the leisure, entertainment, and cultural markets.

Average Trading Volume: 73,031

Technical Sentiment Signal: Sell

Current Market Cap: £175.6M

Learn more about ACSO stock on TipRanks’ Stock Analysis page.

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